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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.63%
New listings on Bitget: Pi Network
BTC/USDT$79947.68 (+3.02%)Fear and Greed Index24(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$97.7M (1D); -$355.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.63%
New listings on Bitget: Pi Network
BTC/USDT$79947.68 (+3.02%)Fear and Greed Index24(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$97.7M (1D); -$355.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
ROOT
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of The Root Network(ROOT) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 0.02 QAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
QAR information
About Qatari Rial (QAR)
The Qatari Rial (QAR), introduced in 1973, is more than just the official currency of Qatar; it is a testament to the nation's economic growth, wealth, and cultural heritage. It is commonly abbreviated as QAR and represented by the symbol ر.ق. Emerging after Qatar gained independence from the British, the Rial replaced the Qatar and Dubai Riyal and marked a new chapter in the country's burgeoning financial landscape.
Historical Background
The introduction of the Qatari Rial was a crucial step in Qatar's journey towards economic self-sufficiency and sovereignty. The currency's establishment coincided with the rapid development of Qatar's oil and gas sectors, propelling the nation into economic prominence. The Rial symbolized not only a new monetary system but also Qatar's emergence as a significant player in the global economy.
Design and Symbolism
The design of the Qatari Rial is a reflection of Qatar's rich history and cultural identity. Banknotes feature imagery of the Qatari flag, traditional dhow boats, and prominent landmarks like the Museum of Islamic Art. These designs serve not only as a medium for financial transactions but also as symbols of Qatar's blend of tradition and modernity, showcasing its journey from a pearling economy to a global energy powerhouse.
Economic Role
The Qatari Rial plays a central role in the nation’s economy, underpinned by one of the world’s largest reserves of oil and natural gas. The currency is instrumental in facilitating trade, both domestically and internationally, and supports various sectors including finance, construction, and a growing service industry.
Monetary Policy and Stability
Managed by the Qatar Central Bank, the Rial is pegged to the US Dollar, reflecting the economic relationship between Qatar and the United States, particularly in the oil sector. This peg provides stability to the Rial, crucial in an economy heavily reliant on hydrocarbon exports, and helps to manage inflation.
International Trade and the Qatari Rial
The stability of the Qatari Rial is vital in international trade, particularly for Qatar's exports of liquefied natural gas (LNG) and petroleum products. A stable Rial is essential for maintaining competitive pricing in global markets and for attracting foreign investment in various sectors.
Bitget crypto-to-fiat exchange data shows that the most popular The Root Network currency pair is the ROOT to QAR, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
ROOT to QAR conversion rate trend
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In the past 1D, The Root Network has changed -1.07% to QAR. Based on the trend and price charts, The Root Network(ROOT) has changed -1.07% to QAR while Qatari Rial(QAR) has changed % to ROOT in the last 24 hours.
ROOT to QAR market statistics
ROOT/QAR:
ر.ق 0.02179
ROOT 24h volume:
ر.ق 10,546,233.3
ROOT market cap:
ر.ق 31,519,566.55
ROOT circulating supply:
1.45B ROOT
More info about The Root Network on Bitget
Current ROOT to QAR exchange rate
The Root Network to Qatari Rial is falling this week.The Root Network's current market price is ر.ق 0.02179 per ROOT, with a total market cap of ر.ق 31,519,566.55 QAR based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by +87.84% (ر.ق 4,931,741.51 QAR) in the last 24 hours. Last trading day, ROOT's trading volume was ر.ق 5,614,491.78.
ROOT to QAR Conversion tables
The exchange rate of The Root Network is decreasing.1 ROOT is currently valued at ر.ق 0.02179 QAR , which means buying 5 ROOT will cost ر.ق 0.1089 QAR . Similarly, ر.ق1 QAR can be traded for 45.9 ROOT, and ر.ق50 QAR can be converted to 2,295.11 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Qatari Rial has changed by -31.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.07%, reaching a high of 0.02259 QAR and a low of 0.02054 QAR . One month ago, the value of 1 ROOT was ر.ق 0.04244 QAR , which represents a -48.71% change from its current value. Over the last year, The Root Network has changed by , resulting in a change of -93.58% in its value.
-ر.ق
0.3169QARROOT to QAR
Amount
04:08 am today
0.5 ROOT
ر.ق0.01089
1 ROOT
ر.ق0.02179
5 ROOT
ر.ق0.1089
10 ROOT
ر.ق0.2179
50 ROOT
ر.ق1.09
100 ROOT
ر.ق2.18
500 ROOT
ر.ق10.89
1000 ROOT
ر.ق21.79
QAR to ROOT
Amount04:08 am today
0.5QAR22.95 ROOT
1QAR45.9 ROOT
5QAR229.51 ROOT
10QAR459.02 ROOT
50QAR2,295.11 ROOT
100QAR4,590.23 ROOT
500QAR22,951.15 ROOT
1000QAR45,902.3 ROOT
ROOT to QAR Today vs. 24 hours ago
| Amount | 04:08 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ROOT | ر.ق0.01089 | ر.ق0.01101 | -1.07% |
| 1 ROOT | ر.ق0.02179 | ر.ق0.02202 | -1.07% |
| 5 ROOT | ر.ق0.1089 | ر.ق0.1101 | -1.07% |
| 10 ROOT | ر.ق0.2179 | ر.ق0.2202 | -1.07% |
| 50 ROOT | ر.ق1.09 | ر.ق1.1 | -1.07% |
| 100 ROOT | ر.ق2.18 | ر.ق2.2 | -1.07% |
| 500 ROOT | ر.ق10.89 | ر.ق11.01 | -1.07% |
| 1000 ROOT | ر.ق21.79 | ر.ق22.02 | -1.07% |
ROOT to QAR Today vs. 1 month ago
| Amount | 04:08 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ROOT | ر.ق0.01089 | ر.ق0.02122 | -48.71% |
| 1 ROOT | ر.ق0.02179 | ر.ق0.04244 | -48.71% |
| 5 ROOT | ر.ق0.1089 | ر.ق0.2122 | -48.71% |
| 10 ROOT | ر.ق0.2179 | ر.ق0.4244 | -48.71% |
| 50 ROOT | ر.ق1.09 | ر.ق2.12 | -48.71% |
| 100 ROOT | ر.ق2.18 | ر.ق4.24 | -48.71% |
| 500 ROOT | ر.ق10.89 | ر.ق21.22 | -48.71% |
| 1000 ROOT | ر.ق21.79 | ر.ق42.44 | -48.71% |
ROOT to QAR Today vs. 1 year ago
| Amount | 04:08 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ROOT | ر.ق0.01089 | ر.ق0.1694 | -93.58% |
| 1 ROOT | ر.ق0.02179 | ر.ق0.3387 | -93.58% |
| 5 ROOT | ر.ق0.1089 | ر.ق1.69 | -93.58% |
| 10 ROOT | ر.ق0.2179 | ر.ق3.39 | -93.58% |
| 50 ROOT | ر.ق1.09 | ر.ق16.94 | -93.58% |
| 100 ROOT | ر.ق2.18 | ر.ق33.87 | -93.58% |
| 500 ROOT | ر.ق10.89 | ر.ق169.36 | -93.58% |
| 1000 ROOT | ر.ق21.79 | ر.ق338.72 | -93.58% |
How to convert ROOT to QAR
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Convert ROOT to QAR
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.
Learn MoreBuy ROOT (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of ROOT with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT with USDT via Bitget spot market.
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|---|
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Sell ROOT (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of ROOT to QAR. However, you can first exchange ROOT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of ROOT to QAR?
There are many factors that affect the relationship between The Root Network and Qatari Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ROOT/QAR. When there is positive news in the market about the widespread adoption of ROOT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ROOT/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ROOT/QAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ROOT/QAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of The Root Network and adjust their investment strategies accordingly in the evolving market.
The Root Network price prediction
What will the price of ROOT be in 2026?
Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.008726 in 2026.
What will the price of ROOT be in 2031?
In 2031, the ROOT price is expected to change by +28.00%. By the end of 2031, the ROOT price is projected to reach $0.01789, with a cumulative ROI of +194.31%.
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Popular The Root Network Converter
Check out these popular currency conversions of The Root Network to several fiat currencies.
ROOT to TWD
1 ROOT to NT$ 0.1971 TWD
ROOT to QAR
1 ROOT to ر.ق 0.02179 QAR
ROOT to CNY
1 ROOT to ¥ 0.04371 CNY
ROOT to USD
1 ROOT to $ 0.005974 USD
ROOT to EUR
1 ROOT to € 0.005447 EUR
ROOT to CAD
1 ROOT to $ 0.008470 CAD
ROOT to KRW
1 ROOT to ₩ 8.78 KRW
ROOT to JPY
1 ROOT to ¥ 0.8808 JPY
ROOT to GBP
1 ROOT to £ 0.004675 GBP
ROOT to BRL
1 ROOT to R$ 0.03534 BRL
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in The Root Network.
BTC to QAR
1 BTC to ر.ق 290,888.94 QAR
COLS to QAR
1 COLS to ر.ق 0.09986 QAR
ETH to QAR
1 ETH to ر.ق 5,762.39 QAR
XRP to QAR
1 XRP to ر.ق 6.92 QAR
SOL to QAR
1 SOL to ر.ق 404.28 QAR
DOGE to QAR
1 DOGE to ر.ق 0.5504 QAR
BNB to QAR
1 BNB to ر.ق 2,045.02 QAR
SUI to QAR
1 SUI to ر.ق 7.52 QAR
ADA to QAR
1 ADA to ر.ق 2.16 QAR
PEPE to QAR
1 PEPE to ر.ق 0.{4}2353 QAR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between The Root Network and QAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as The Root Network and QAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of The Root Network in QAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
